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Reasons Why you Should Consider Self Employment   While everyone dreams of this turning point in their life, to experience freedom and get started on their own, which is great in today's globalized start-up economy promoting entrepreneurship development. Besides support from the government and financial institutions to promote growth and startup culture, it is extremely important for you to primarily understand the advantages of going ''self-employed'' in the digitally connected times and the error of  online jobs. Just like every coin has two different sides, self-employment has its share of both advantages and disadvantages for those who choose this path of life. Nevertheless, despite all the challenges, fears and drawbacks of going self-employed, there are more good reasons why you should join the bandwagon of successful entrepreneurs. See:  Online jobs available in Kenya Here are some reasons you should consider self-employment #1. You're your own boss. It&#

  By Business Daily You have worked so hard over the years to grow your business so that it can sustain you and your family in the future. What happens to the business when you retire or step down? Do you have the luxury of retiring if your children are not interested in the business? What happens next? Every business is different and in Kenya, we see this very clearly. There are family businesses run by brothers, sisters, parents, and other relatives and on the other hand, businesses that are essentially one-man shows. Each has its own challenges when it comes to succession planning but more importantly, each family member also is unique in what they want from the business in the future and what their plans are. In some Kenyan communities, families tend to bring their children into the business from a young age to groom them, assuming the children want to take over, but in others, the patriarch or business owner holds on until the end before handing over the reins. This can lead t

How to Start an Internet Business   There has never been a better time to start an online business in Kenya than now. It is a known fact that the internet industry has come to stay and of course it is one industry that plays key roles not only in the business world but also almost all the aspect of what goes around in our world today. As we move towards a more digital economy we find that the Kenyan consumer is becoming more sophisticated, with Kenya leading the Africa Internet penetration with 67% of the population classified as internet users. The internet or online business is a business activity of any kind that takes place over the internet. It is also called an e-business. There are many sorts of internet businesses that you can begin, but it is essential to consider these factors to pick the best one for you. #1. Determine Your Niche The internet is full of businesses. For yours to survive it is essential to determine your exact position in the market. You only need to identify

 Embracing Digital Technology to Remain Competitive The digital capability of a business is fundamental to remaining competitive in today's market. Digital technologies are rapidly changing and evolving, which in turn increases competition and the need for companies to innovate quickly. It has never been more dangerous for companies to neglect the importance of digital technologies. In this series of blogs, we will examine the impact that the introduction of  a new technology has and the changes that are occurring with the arrival of blockchain and other disruptive technologies. "It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change" - Charles Darwin (1809 - 1882) #1. Cost savings Investing in digital technologies can, on the face of it, appear expensive, but in many cases it can be a highly cost-effective decision. Digital technology can help streamline processes, increase efficien

  Creative Ways to use QR Codes for Marketing Introduction of better and faster technology has led to people using their devices more than ever. Its about accessing everything in a snap and getting the information across from one person to another or from a business to a consumer. One of the trending channels in the marketing industry is the QR code. Basically QR codes promote interaction and engagement through the mobile phone. Below are ways you can maximize QR codes to monitor the performance of your marketing campaign. 1. Direct customers to a landing page/website Scanning a QR code can lead to a sign up page or any landing page/website. This removes the hassle of going through the process of accessing the website and navigating your way around the page. Ensure you use a unique URL matched with your QR code to measure it accurately. 2. QR Codes on business cards Rather than overload your business card with all your contact info you could include the bare minimum for reaching you, t

  Best Passive Income Investments this 2021 Passive investments are the perfect way to invest because they enable you to earn money while you're busy doing other things. Yes, even when sleeping!!! It helps to have a list of  passive income options  available to help you choose the ones that will work best for you. Here is a list to help you this 2021: 1. Start a blog (or online business) It's the most passive type of online business because the revenues comes from three passive streams:    -  Affiliate revenue: commissions generated when readers click one of your affiliate links and purchase a product from a company.     -  Ad revenue: Mediavine ads that  pay out monthly.     - Digital product sales: paid products that are downloaded and don't require any shipping 2. Dividend Paying Stocks Dividend paying stocks  may not provide the explosive price appreciation seen with pure growth stocks, but they offer steady, predictable returns. And because of those steady returns, the

  Everybody hopes and prays that they live a good life. Parents will do the best they can to give their children a good foundation, in education and even securing them jobs – in hope that they become successful. People hustle and work hard – all because they want a better life, not only now but also in future. Apparently, a better life is determined by how much money you have in your bank account or in investment. For you to become wealthy, not only in Kenya but globally, here are some of the basic things that you need to have – and probably practice them on a daily basis; -       Purpose – This, alongside vision will clear your path to wealth -      Planning – Wealthy and successful people always have clear, concise and smart planning. -      Analysis/Assessment – Before venturing into any opportunity, make sure you access and analyze it. -      Accountability – In your bid to become wealthy, you have no option but to ensure you are accountable. In other words – if you’r